I have stated in the past that I (Daniel) will not be selling any RAC shares to fund my 9.9c option conversions. I will not be selling any of the shares from this conversion afterwards either.
I am in the situation where more than 90% of my portfolio is now tied up in RAC. It makes financial sense for me to diversify my holdings and I urge people to not follow my example, but I am an insider with what is arguable the best understanding of RAC’s potential. Knowing what I know I intend to hold every share I can. I will leave it to others to decide if I am delusional (quite possibly) or sensible given the potential.
Ann: Change in substantial holding, page-27
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Last
$1.61 |
Change
-0.055(3.31%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.61 | $271.5K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1996 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 1305 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |